Question

3.In 2006, the total amount of ExxonMobil's worldwide sales was greater than

a)the combined GNIs of 80 of the world's smallest economies.

b)the sum of the combined sales of Ford and General Electric.
c)the total sales of Wal-Mart Stores and Citigroup.
d)the sum of the GNI of the U.S.

4.The major globalization drivers include all of the following except:

a)Political

b)Social
c)Technological
d)Market
e)None. All of the above are major kinds of globalization drivers

5.Historically, international business:

a)is relatively new.

a)existed before the time of Christ.
c)B and D.
d)was influenced by the rise of the Ottoman Empire.

6.Due to the expanding importance of foreign-owned firms in local economies, host governments have made their policies toward these companies _______________.

a)more strict

b)more liberal
c)harsher
d)more confronting
e)A and C

7.According the text, American CEOs want business graduates they hire to have some education in international business.

a)if they are going to work overseas.

b)if they are going to work in a firm with no foreign operations.
c)Neither A nor B because they can learn on the job.
d)Both A and B.

8.International business differs from domestic business in that a firm operating across borders must deal with

a)C, D, and E.

b)C and D.
c)the foreign environment.
d)the international environment.
e)the domestic environment.

9.There is an emphatic need for all business people to have a basic knowledge of:

a)foreign travel.

b)international business.
c)the Pacific Rim.
d)foreign exchange.

10.Decision making in the international environment is __________ it is in a purely domestic environment.

a)less complex than

b)less demanding than
c)more complex than
d)about the same as

Answer 1